Brandes Investment Partners Adds $7M in Alphabet Inc. ($GOOGL)
The investment firm added 18,479 shares of Alphabet, reflecting a 5.5% increase.
Key Points
- Brandes Investment Partners increased its stake in Alphabet Inc. by 18,479 shares, bringing its total to 353,899 shares valued at $127.3 million.
- Alphabet's shares traded around $359.67, with a market cap of approximately $4.51 trillion and a P/E ratio of 28.17.
- Insiders at Alphabet recently executed transactions, and analysts maintain a strong buy consensus with price targets ranging from $400 to $515.
Brandes Investment Partners has boosted its investment in Alphabet Inc. (NasdaqGS: GOOGL), adding 18,479 shares. This brings its total holdings to 353,899 shares, valued at approximately $127.3 million as of the latest 13F filing with the SEC. The move represents a 5.5% increase from the previous quarter.
What Changed in Brandes Investment Partners' Alphabet Position
Brandes Investment Partners increased its holdings in Alphabet from 335,420 shares to 353,899 shares, a rise of 18,479 shares. This adjustment signifies a 5.5% increase in their position, valued at about $127.3 million, according to the filing.
Other Institutional Activity in Alphabet
Several other major institutional investors also adjusted their holdings in Alphabet. BlackRock, Inc. grew its stake by 4,993,149 shares, ending with 446,980,992 shares worth about $128.5 billion. Vanguard Capital Management LLC maintained its holdings at 378,261,579 shares, valued at approximately $108.8 billion. FMR LLC added 4,766,553 shares, bringing its total to 236,544,675 shares valued at $68.0 billion. On the other hand, State Street Corp reduced its position by 2,037,823 shares, now holding 226,259,132 shares worth $65.1 billion. Geode Capital Management, LLC increased its stake by 5,695,057 shares, totaling 151,888,094 shares valued at $43.5 billion.
Alphabet Inc. Stock Snapshot
Shares of Alphabet Inc. traded near $359.67. The company has a market capitalization of approximately $4.51 trillion and a P/E ratio of 28.17. The stock's 52-week range is between $162.00 and $408.61, with a 50-day moving average of $363.73 and a 200-day moving average of $308.75. Alphabet's beta is 1.237, indicating a slightly higher volatility than the market average.
Recent Earnings
Alphabet reported revenue of $422.5 billion, showing a growth rate of 21.8%. The company's net margin stands at 37.9%, with a return on equity (ROE) of 38.9%. Earnings per share (EPS) is $13.11. The next earnings report is expected on July 23, 2026.
Dividend
Alphabet pays an annual dividend of $0.88, yielding 0.24%. The payout ratio is 6.41%, indicating a conservative approach to dividend distribution.
Insider Buying and Selling at Alphabet Inc.
Recent insider activity at Alphabet saw Shriram Kavitark Ram selling 175,304 shares on May 29, 2026. Frances Arnold sold 102 shares at an average price of $381 on the same day under a planned transaction. Additionally, Anat Ashkenazi, the SVP and CFO, sold 1,763 shares on May 25, 2026.
Analysts Set New Price Targets
Analysts remain optimistic about Alphabet's prospects. On June 2, 2026, HSBC maintained a buy rating with a $420 price target. Piper Sandler set a target of $445 on June 1. Truist Securities also maintained a buy rating with a $430 target on May 29. The consensus among analysts is a strong buy, with a mean target price of $432.83 based on 53 opinions.
About Alphabet Inc.
Alphabet Inc., headquartered in Mountain View, California, operates through segments such as Google Services, Google Cloud, and Other Bets. The company provides a range of products and services, including advertising, Android, Chrome, Gmail, and YouTube. Led by CEO Sundar Pichai, Alphabet employs around 194,668 people globally. The company was founded in 1998 and continues to innovate in internet content and information services.
Bottom Line
Brandes Investment Partners' increased stake in Alphabet reflects continued confidence in the tech giant's growth potential. This 13F filing, which is backward-looking, provides insight into institutional sentiment as of the reporting period. Investors closely watch these moves to gauge broader market trends and institutional confidence in major corporations like Alphabet.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
